Tyre industry growth that had registered an impressive 10.40% in 2007/08 declined to 2.40% in 2008/09. However, with the recovery in the economy, it is estimated that the Indian tyre industry will gain further momentum in subsequent years. Five tyre majors control nearly 80% of the Indian tyre industry. The truck and bus segments contribute almost 75% to its rupee value turnover. With India emerging as a global automotive hub, domestic tyre companies are expanding their operations and global tyre majors are increasing their presence in the Indian tyre market.
This includes using less human effort, less manufacturing space, and less investment tools to develop a new product. Lean Manufacturing Pros Lean manufacturing aims to eliminate most if not all forms of waste. Many experts claim that by implementing lean manufacturing techniques and strategies reduce the manufacturing time. As manufacturing lead time is lowered, it is the hope that the operational costs incurred from the use of energy will also be significantly reduced. Lean manufacturing helps companies maintain and increase their profits and earning.
The other two consulting firms stepped in for the lean con-cepts: “A3-thinking and coaching” and “making materials flow”. Due to the out-sourcing to consulting firms, this can be considered as a decrease in top manage-ment involvement. However, it also means top management provides enough re-sources for their lean conversion. When Daktronics started their lean implementation for the LED assembly, the lean team met three times a week. This shows the seriousness of the project and the involvement of the entire lean team.
US‘s Continental Tyres, Pirelli of Italy, and Sumitomo of Japan were the other major players in the global tire market (Refer to Exhibit I for the list of world’s top 10 companies). While mature markets accounted for 70% of the demand, over the next five years (2011–2016), the demand was expected to come from fast growing newer markets, which included China and India. Sensing the
I. THE STUDY During its journey CEAT tyres had gone through many major issues. When it was first launched in India its major focus was on producing, vulcanizing, pressing, retreading and importing tyres, semi-tyres, inner tubes, flaps etc. It was in 1965 that the company obtained a letter of intent from the Government for the manufacture of 2 million bicycle tyres and tubes per annum. In 1972 a Research and Development unit was set up at the company with various types of testing machines being installed in the laboratory.
Main players of the Automobile industry are Toyota, General motors, Volkswagen, Honda, Ford and more. The Automobile Industry is very complex and to start a business in automobile industry high level of capital investment is required. Not only huge amount of money but also a labor force will be essential, which are the main barriers to enter into the automobile industry. For Example, the US auto industry was once considered safe until Honda Motors gave a big challenge to these companies by opening a manufacturing plant in Ohio. The Automobile industry includes many other industries as well for example, tires and seat manufacture.
In the 21st century global industry, many manufacturing companies have been keen to implement the new strategy and new management techniques especially automotive manufacturing company and modern production for the competitiveness and efficiency of the company. They have taken a system which is lean manufacturing as a management tool. Many of them have adopted this technique under different names and in various forms. Lean manufacturing started at Toyota factories in Japan, known as the Toyota Production System (TPS). Lean manufacturing has been widely known and implemented since 1960.
The process/procedure also helped me to educate project team on various elements/requirement and their relationship/ dependencies to create a workable & accountable team environment. These models/ methodologies supplied project with a controlled and organized start, middle and end/close out. It helped to review of project progress against the plan and also ensure reporting to the management & stakeholder at the right time & place during project execution with good communication guide between project and organization. It also helped me to focus on delivery (i.e. why, when & to whom) as promised to stakeholders.
it also states how fast we achieved the product by changing of parameters and process including modularity and commonality in product design for differentiating the product in terms of cost, quality and time should be minimized. Ideally more product architecture, theory based method also implemented for creating and delivery the design product to customer. Considering all things like quality, delay and price to improve specifically on product it gives highly perceived value. If it has been large variability in product it leads to an increased order delay time, increased inventory, increased setup time, increased economies of scale. Also if process variety increases, customization option as well as economies of scale and scope be gradually increased, rather it will decrease in total order delay time and setup time.
The lean startup methodology seeks to eliminate wasteful practices and increase value-producing practices during the product development phase so that startups can have a better chance of success without requiring large amounts of outside funding, elaborate business plans, or the perfect product.  It’s a process similar to the precepts of lean manufacturing. Customer give feedback during product development is integral to the lean startup process, and provide the information about what the market need. It allow the the producer does not invest time designing features or services that consumers do not want, no need or don’t care. The motivation behind this approach is that, if no one or few people in the market is able to pay for your solution,